MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure

The new hire will also been tasked with designing decentralized finance technologies.

AccessTimeIconSep 30, 2022 at 10:41 a.m. UTC
Updated May 11, 2023 at 6:50 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Technology company MicroStrategy (MSTR) is looking to recruit a software engineer to build a Lightning Network-based software-as-a-service (SaaS) platform.

The job listing states that the Lightning Network software will provide companies with security and e-commerce products. The Lightning Network is a layer 2 scaling system for Bitcoin designed to increase the speed of sending and receiving payments on the blockchain.

MicroStrategy is one of the largest holders of bitcoin (BTC) having acquired 130,000 coins ($2.45 billion) since deploying its bitcoin strategy in 2020.

The job listing also states that a new recruit will be tasked with building decentralized finance (DeFi) technologies.

Decentralized finance is a form of lending involving smart contracts that omits the need for brokers or intermediaries, it is typically based on other blockchains like Ethereum, Solana or Binance Smart Chain.

Executive chairman Michael Saylor, often described as a bitcoin maximalist, has previously been dismissive about other cryptocurrencies like ether (ETH). He labelled ether as a security during a Bitcoin conference in July.

CORRECTION (Sept. 30, 2022 14:40 UTC) – Michael Saylor is no longer CEO of MicroStrategy. In August he became executive chairman.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Oliver Knight

Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.